The fund house informed about this change through a notice cum addendum to its unitholders. The changes will be effective from June 1. The ...

LIC Mutual Fund has announced the name change of its five schemes which include debt and equity schemes.

LIC Mutual Fund alters exit load structure for four equity schemes, notified via notice-cum-addendum. Effective from May 27, the duration s...

Mutual funds owned 136.26 crore of HDFC Bank shares in January, up 6.92% from 127.44 crore shares held in December, indicating net buying o...

As part of choosing the right asset, one must understand that every investment decision carries an element of risk, however experienced the...

The NFO of the scheme is open for subscription and will close on February 12. The scheme will re-open for continuous sale and repurchase on...

Sources said fund managers who attended the meeting raised concerns with the company management over the lack of disclosures about the disp...

On June 30, promoters and promoter groups, including Khericha, Kumar, Chartered Capital, Saphire Finman Services LLP, and Hitoshi Matsuo, s...

LIC MF had an AUM of Rs 18,400 crore and IDBI MF had Rs 3,650 crore as of June. After completion of the merger, out of 20 schemes of IDBI M...

Founders Prannoy Roy and Radhika Roy will receive a little over Rs 602 crore for selling 27.26% stake in the news broadcaster to Adani Ente...

LIC Mutual Fund is targeting to collect Rs 1,000 crore from its new money market fund launched on Wednesday.

LIC Mutual Fund expects to make gains from IDBI Mutual Fund merger and new fund launches which will help in increasing its assets under man...

Large & mid cap mutual fund schemes, a relatively new inclusion in the equity funds’ basket has done fairly well in the last couple of year...

IDFC Asset Management Company has appointed Sachin Relekar as Senior Fund Manager in the equity investment team. Relekar was the Chief Inve...

The macro environment has made LIC Mutual Fund's Sachin Relekar cautious about the market.

Bank of India had classified the Kingfisher Airlines account as NPA as on 31st December 2011.

Indiabulls Power made a dismal debut on the bourses Friday even as the rest of the market rallied following the positive news from overseas...